Holiday Launches Into Home Care With New ‘Milo’ Platform

Holiday Retirement, the nation’s largest independent living provider, is making a play into the home care space through a new venture called Milo, Senior Housing News has learned. Bill Thomas, M.D., known for pioneering the Green House model of long-term care, is one of the driving forces behind this initiative, according to the Milo website. […]

Potential $5 Billion Development Pipeline Planned for Maplewood’s Inspir Brand

When it broke ground on a luxury highrise in Manhattan earlier this summer, Maplewood Senior Living also announced that the building would launch its new Inspīr brand. Maplewood now is detailing ambitious plans to create other Inspīr communities by pursuing a multi-billion dollar pipeline of developments both in U.S. and international urban markets. “There’s been […]

Ventas Expects $700 Million from Kindred’s Freshly Inked SNF Sale

Kindred Healthcare (NYSE: KND) has found a buyer for its skilled nursing portfolio, and its major real estate investment trust (REIT) landlord Ventas (NYSE: VTR) expects to ultimately receive $700 million from the deal. The buyer, BM Eagle Holdings, is a joint venture led by affiliates of BlueMountain Capital Management, a privately held New York-based […]

CCRC Executive Director Salaries Spike

Steering the ship at a continuing care retirement community (CCRC) became more lucrative in the last year. The average salary for a CCRC/life plan community executive director hit $161,025 in 2017—an increase of 4.15% from 2016. That’s according to the latest edition of the Continuing Care Retirement Community Salary & Benefits Report, an annual publication […]

5 Tips for More Successful Tech Pilots in Senior Living

The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]

Confessions of a Senior Housing Operator

High-quality senior housing operating companies are in high demand, as the industry has been inundated with developers and investors seeking steady management of communities they’ve built or acquired. But these developers and owners don’t all know to play nicely with their operating partners, who are facing stiff challenges in competing for staff and filling units. In the latest installment of […]

SEC Slaps Senior Housing Developer with EB-5 Lawsuit

A development group with plans for a $500 million senior housing pipeline now is embroiled in a lawsuit with the Securities and Exchange Commission (SEC), which is alleging that the developer misused tens of millions of dollars raised through the EB-5 program. Between 2009 and 2016, defendant Taher Kameli raised about $88.7 million from at […]

Assisted Living Provider in Hot Seat After HUD Audit

Many assisted living companies seek financing insured by the Department of Housing and Urban Development (HUD). However, doing so comes with requirements that providers must be vigilant about meeting, as demonstrated by a recent audit report of one California assisted living community from the HUD Office of Inspector General.  The 101-unit Cypress Meadows community—with a […]

Pathway Senior Living Rebrands as ‘Pathway to Living’

Pathway Senior Living has a new name and logo. The Chicago-based provider, which operates 24 communities across Illinois, Kansas, Minnesota, and Wisconsin, will be known as “Pathway to Living,” effective today. About seven years ago, Pathway set about creating its “Viva!” operating model and company culture, and the time came for a new name to […]